Your jack stand is under the frame. The lower control arm is at full droop.
You have no spring on your shock; And the shock looks to be fully extended.
Yes, it will likely be short, depending on the length of the shock.
Jack the suspension up to a somewhat normal ride height position, and I'm sure things will look a lot better.
Not to likely that you will reach full droop or full compression unless you are doing some offroading,
Although, I have seen some pretty ugly dirt tracks!
How much actual shock travel you get will depend on the type of track you run on. Dirt tracks will likely require more shock travel than pavement.
Steve